Energy transition
Remit delegated reporting leaves unanswered questions
EU energy traders have until October to begin reporting the details of standard power and natural gas trades to regulators under Remit. But the exact process by which many of these initial contracts will be reported remains blurry
Oil rout roils E&P and airline hedging strategies
Corporate risk management programmes have had a mixed track record amid the recent plunge in crude prices. Oil producers with a conservative approach to hedging are emerging as some of the winners, while some airlines are feeling regretful about their…
Traders and politicians can learn from dead pilots
Flying a plane requires calm execution, attention to risk and counterintuitive strategies to avoid disaster
Capacity mechanisms spark concern from power traders
Zest for subsidies could threaten plans for unified EU electricity market, argue power traders
EU ETS risk and climate risk
Vertis has been active in carbon markets since 2001 – starting out as a developer of joint implementation projects, before entering into brokerage and dealing when the European Union Emissions Trading Scheme (EU ETS) was established in 2005. Vertis…
Regulation makes data top concern for energy traders
IT teams are playing a vital role in helping energy traders comply with regulation, improve the quality of internal reporting and manage with lower technology budgets. But they face big challenges, particularly when it comes to integrating data
Oil dive increases importance of trading, says Statoil
Asset-based trading seen as crucial by Statoil in environment of lower oil prices
Energy trading firms unready for Remit, survey finds
IT systems not geared for trade reporting under EU anti-manipulation law
Oil, weather and Ukraine boost European gas volumes
2014 saw rising activity in Europe's exchange-traded and OTC gas markets
Morgan Stanley names new commodities co-heads
Evolution unveils European coal desk; Mercuria hires Goldman's cross; New Danske CEO gets to work; Ex-Deutsche Asia power head joins GDF Suez; Gunvor COO steps down
SG CIB wins Risk and Energy Risk Commodity Rankings
Societe Generale Corporate & Investment Banking has topped the poll for the third year in a row in this year’s Risk and Energy Risk Commodity Rankings, which are marked by several dramatic exits and one impressive comeback
US natural gas hedge fund shuts down
Roaring Fork says poor liquidity in energy derivatives foiled its trading strategies
Cutting edge: Kriging smooth energy futures curves
This paper applies the method of kriging from geostatistics to extract smooth curves from energy futures prices. How the method can interpolate market prices is demonstrated, both for contracts with fixed delivery times and for delivery over a period,…
Market manipulation push is widening the compliance gap
European and US energy regulators must decide how aggressive they wish to be when it comes to enforcing fraud-based anti-manipulation rules. Taking things too far could harm market efficiency and stifle the benefits of competition, argue Shaun Ledgerwood…
Energy traders shun trade surveillance, survey finds
Result comes despite tougher rules on market manipulation and abuse
Commodity derivatives lead the way for OTC reform
Enron proved merits of bottom-up evolution, not change imposed from above
Energy Risk Awards 2015 now open for entries
Awards recognise excellence across global commodities market
E.on Global Commodities CRO unfazed by renewables plan
David Port, CRO of E.on Global Commodities, has grappled with financial risk at several different types of trading firm. Now he faces another change, as E.on seeks to break itself into two
Energy traders seek deal on Remit delegated reporting
Efet is working to prepare a standard framework for delegated reporting under Remit with energy exchanges and brokers, before an October deadline for reporting kicks in
Oil prices collapse: assessing the ‘known unknowns’
Predicting the future for oil prices is a losing game due to the complexity of the market. But some pieces of critical information are often widely missed, argues Vincent Kaminski, including several potential risks to firms associated with North American…
Biofuels go global
With global output at an all-time high, and increasing demand for clean and secure energy, biofuels have become integral to international energy markets. SCB & Associates explains how it offers customers the market insight and product knowledge to trade…
Managing risk in agricultural commodities
Agricultural commodities are rarely written about in the mainstream financial media, and often only hit the headlines when an extreme weather event or natural disaster affects supply and prices.
Energy trading: the past, present and future
As part of Energy Risk's 20th anniversary, Energy Risk looks at the development of energy trading and risk management, as well as what may lie ahead for the industry in the next 20 years
Pemex ramps up risk management amid energy reform
Mexico's energy reform is leading state-owned oil and gas giant Petróleos Mexicanos to boost its risk management activities and consider new strategies for commodity hedging